I have been finding issues with being able to get a residential loan due to my DTI ratio being close to 41%, with commercial lending can I avoid this qualification? If I decide to use this type of lending what other t...
We are expanding our management business from just our private STR properties to a full management company. I am looking for a company to handle all bookkeeping and accounting for our property management company
What do banks/lenders consider when someone wants to purchase a multi-unit rental? Is it based on tenant occupancy or additional factors?
Hello! Long time lurker, first time poster here.
I'm extremely interested in the syndication model for acquiring multifamily properties because my business partner and I are pretty adept at networking and raising ca...
I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
Hi BP,
I was wondering if anyone here has experience partnering with someone but only financing under one person's name? I am asking if this is possible so that a partnership could theoretically have 20 conventional...
Hi, I’m Lily, and I live in Houston. I started long-term rentals last year with a focus on Section 8 properties. However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,0...
Hi there,I couldn't fit the full description in the title. I'm looking for San Diego banks that open accounts for Foreign LLC's without asking you to register said LLC in California as a Foreign LLC. I don't want to d...
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
When using hard money to purchase a Multi-Family (5+ units) how hard would it be to refinance to pay hard money back? As well do you need good credit and good income coming in to get it refinanced so you can pay back ...